Imc
Imc
Reaches
Reaches Many
Many Buyers,
Buyers, Repeats
Repeats
Advertising
Advertising Message
Message Many
Many Times,
Times,
Impersonal,
Impersonal, Expensive
Expensive
Personal Personal
Personal Interaction,
Interaction,
Personal Relationship
Relationship Building,
Building, Most
Most
Selling
Selling Expensive
Expensive Promo
Promo Tool
Tool
Sales Wide
Wide Assortment
Assortment of of Tools,
Tools,
Sales Rewards
Rewards Quick
Quick Response,
Response,
Promotion
Promotion Efforts
Efforts Short-Lived
Short-Lived
Public Very
Very Believable,
Believable, Dramatize
Dramatize aa
Public Company
Company or or Product,
Product,
Relations
Relations Underutilized
Underutilized
Direct
Direct Nonpublic,
Nonpublic, Immediate,
Immediate,
Marketing
Marketing Customized,
Customized, Interactive
Interactive
Push versus Pull Promotion Strategy
Functions of advertising
• To announce a new product/ service
• To expand the market to new buyers
• To announce product modifications
• To announce price change
• To make a special offer
• To invite enquiries
• To educate customers
• To maintain and increase sales
• To challenge competition
• To act as reminder
• To retrieve lost sales
What is Sales Promotion?
Trade-Promotion
Objectives
Persuade
Persuade Retailers
Retailers or
or
Wholesalers
Wholesalers to
to Carry
Carry aa Brand
Brand
Give
Give aa Brand
Brand Shelf
Shelf Space
Space
Promote
Promote aa Brand
Brand in
in
Advertising
Advertising Free
Free Goods
Goods
Push
Push aa Brand
Brand to
to Consumers
Consumers Push
Push Money
Money
Specialty
Specialty Ad
Ad Items
Items
Major Business Sales Promotion
Tools
Business- Business-Promotion
Promotion Tools
Objectives
Generate
Generate Business
Business Leads
Leads Conventions
Conventions
Stimulate
Stimulate Purchases
Purchases Trade
Trade Shows
Shows
Reward
Reward Customers
Customers Sales
Sales Contests
Contests
Motivate
Motivate Salespeople
Salespeople
Sales Promotion Objectives
News
Web Site Speeche
s
Public Special
Service Events
Activities
Corporate Written
Identity Materials
Materials Audiovisual
Materials
Major Steps in Sales Force Management
Steps in the Selling Process
Salesperson
Salesperson Identifies
Identifies
Prospecting
Prospecting Qualified
Qualified Potential
Potential Customers.
Customers.
Process
Process of
of Identifying
Identifying Good
Good
Qualifying
Qualifying Prospects
Prospects and
and Screening
Screening Out
Out Poor
Poor
Ones.
Ones.
Salesperson
Salesperson Learns
Learns About
About aa
Pre
Pre approach
approach Prospective
Prospective Customer
Customer Before
Before
Making
Making aa Sales
Sales Call.
Call.
Salesperson
Salesperson Meets
Meets the
the Buyer
Buyer andand
Approach
Approach Gets
Gets the
the Relationship
Relationship Off
Off to
to aa Good
Good
Start.
Start.
Steps in the Selling Process
Salesperson
Salesperson Tells
Tells the
the Product
Product
“Story”
“Story” to
to the
the Buyer
Buyer Showing
Showing
Presentation
Presentation How
How the
the Product
Product Solves
Solves
Salesperson Seeks
Seeks Out,
Problems.
Salesperson
Problems. Out,
Handling
Handling Clarifies,
Clarifies, and
and Overcomes
Overcomes
Objections
Objections Customer
Customer Objections
Objections toto
Buying.
Buying.
Salesperson
Salesperson AsksAsks the
the
Closing
Closing Customer
Customer for for an
an Order.
Order.
Occurs
Occurs After
After the
the Sale
Sale and
and
Follow-Up
Follow-Up Ensures
Ensures Customer
Customer Satisfaction
Satisfaction
and
and Repeat
Repeat Business.
Business.
Mass Marketing and Direct
Marketing
Most Mass
Marketing Involves
One-Way
Communications
Aimed At
Consumers.
Direct Marketing
Involves Two-Way
Interactions With
Customers.
Benefits and Growth of Direct
Marketing
• Benefits to Sellers
• Benefits to Buyers – Consumer relationship
building
– Convenient
– Reduces costs
– Easy to use
– Increases speed and
– Private
efficiency
– Product access and
– Provides flexibility
selection
– Global medium
– Abundance of
information
– Immediate
– Interactive
Customer Databases and Marketing
• Customer Databases are
an Organized Collection of
Comprehensive Data
About Individual
Customers or Prospects.
• Allows companies to offer
fine-tuned marketing
offers and communications
to customers.
Forms of Direct Marketing
Forms of Direct Marketing